How Capitalism Exploits Humans (And What We Can Do About It)


Some Seem to think that Capitalism is About Buying and Selling Things Using the market as a way of Distributing good from the folks who Produce it to the folks who Consume it Markets Are indeed an Important Phenomenon but They don’t have Any Unique Relationship With Capitalism for example in the American slave South a different system, a slave system The Goods produced by slaves, sample cotton, were Sold So you, had a Market in Cotton They actually had a market in Slaves too, so things were bought and sold all. The markets existed but you didn’t have capitalism You Didn’t Have an Employer and an Employee That’s the Core of Capitalism Slavery is a Different System it’s a Master and a Slave. The Master doesn’t hire the slave. There’s no need, the Master owns the Slave. And Capitalism The Employer doesn’t own you. May feel like that, occasionally, but he doesn’t legally own you. In Feudalism it’s yet again different it’s a lord and a serf. A serf who plan belongs on the land Has obligations to the Lord but the Lord doesn’t hire the serf, doesn’t pay them a wage, but there were Markets in serf. The unique thing about Capitalism is not therefore a market, The unique thing about Capitalism is the Relationship in Production in how Goods and Services are produced it’s a relationship that is not Master-Slave, that is not Lord-Serf, it is a very particular Arrangement Employer-Employee and in that relationship lies a Fundamental Conflict Tension Anger Resentment. Why? Because some people are doing all the work and producing more than they get. A more that we nowadays call the surplus, the extra. And if you’re a Capitalist, an Employer, what of course is your interest? To give the worker the least possible While Giving the most out of them because that’s the biggest surplus they can get and the more surplus they have the more secure they’ll be In Capitalism it turns out we’ve got exactly the same kind of system as we had in slavery and feudalism.
Why? Because the worker has to produce
more a surplus than he gets Just as the Master got the surplus per Slave produced or the Feudal lords got the surplus that this Serf produced It’s nobody’s fault. It’s the way that System is set up What’s the Alternative? When the People who Produce the surplus. The Workers Are Themselves the People who get the Surplus If all the workers together make a cooperative, then they aren’t split between the employers and the employees But both positions are occupied by every person in the office There is no Split How would that work? Take any factory. Take any office Take any store Change it as follow no more board of Directors Don’t need it. Here’s how we’re going to do. You come to work you sit around making the decisions All the decisions that used to be made by the Capitalism Workers become their own board of directors or to say the same thing another way the Worker Capitalist Division resolves If you made all the workers democratically get together and decide how to distribute the wealth they’ve all together created They would never give a handful of people more money than they know what to do with, while everybody else is worrying about sending their kids to college because they can’t afford it When you’re discussing the new Technology that might pollute the air or the water. The decision is made by the major shareholders and the board of directors, a tiny group of people who typically live in gated communities in a lovely leafy residence far away from the factory or the office or the store that pollutes, so they can make the investment in the new Technology and reap the profits if the workers who live and work and depend on the enterprise made the decisions. They, wouldn’t do it that often because They’re the ones that breathe the air and drink the water, so they’d be much more sensitive to the real course Every technological invention justified itself on the grounds that by this new machine, we could get more done with less effort but when those innovations are put into a capitalist economic system, the people who put the Technology in want to make profit out of it, for example if a machine allows the workers to do twice as much as before, they fire half of the workforce. The remaining half works with the new Machine produces as much as before. The company realizes a fantastic profit because it doesn’t have to pay half the workers wages which they can keep for themselves Here’s an Alternative: let every worker do half as much work as he or she did before Let’s run the working day four hours instead of eight. The workers will have engaged an enormous amount of leisure to pay attention to their own development, to their families, to their communities, if we use technology that way. We would use it to help the mass of people enjoy a better life, rather than a small percentage of the people enjoy a greater profit. The problem was with Technology. The problem was with the System that decides how to use that Technology? You’re going to have to get rid of the Capitalist system where it lives. In the stores, the factories and the offices

100 Comments

  1. Ringozo said:

    @Sustainable Human Whose speech is this ? Is this from a lecture ? tx.

    May 28, 2017
    Reply
  2. Mr. Jack Oldman said:

    Unfortunately a very communist idea, which has been proven unsuccessful long back.

    Capitalism has failed us to a certain extent as well, and now it is time for us to find something called social capitalism.

    May 28, 2017
    Reply
  3. Roger Roth said:

    Who owns land and natural resources? Seems to me you can't get far until those two questions are answered.

    May 31, 2017
    Reply
  4. Roger Roth said:

    I never understood why capping corporate and individual wealth is the taboo it is. Why do so few have so much and so many have so little? Why is that acceptable?

    May 31, 2017
    Reply
  5. ilker yoldas said:

    The music's too loud.. ruined the video imo

    June 1, 2017
    Reply
  6. Your Wholistic Life said:

    Nice video! It's amazing how many people are not actually aware of being slaves!

    June 9, 2017
    Reply
  7. Ben Harnden said:

    if you think that this would work having no superior then create a company without one (it won't work never has). if you succeed then everyone will follow

    June 12, 2017
    Reply
  8. Ben Harnden said:

    yeah fuck this new technology it destroys our jobs let's go back to ancient times where everyone sucked at the 100 jobs they had to do instead of people being good at the one job they have

    June 12, 2017
    Reply
  9. Alexandre Assis said:

    Capitalism is not employee and employee relationship, it's about private property.

    June 26, 2017
    Reply
  10. Marco said:

    This idea is all about democracy not communist dictatorship. Ppl need to educate themself about this idea before they use their capitalist religion in these comments.

    July 14, 2017
    Reply
  11. Roots of The Land said:

    translation = socialism

    July 18, 2017
    Reply
  12. Roots of The Land said:

    this has been tried before and failed every time

    July 18, 2017
    Reply
  13. simplace44 said:

    Wow, this is so flawed it's almost unbelievable, you would have to be simple minded to not see all the holes. You say Capitalism = tension, well no matter what system tension will always be a factor. By nature humans are greedy (a good thing too), we compete for our food, our place in the ecosystem/ food chain, to own a house, to be heard, to be noticed, to be loved, we all want some – to live a more easier life, and simply survive.
    Socialism also creates tension, anger, resentment why? Because some people are doing all the work and others are not but are getting handed their wealth, and people all round get less money because they got to pay the people who are taking from some and giving to others (the board of directors).

    Of coarse the employer wants maximum surplus, but hey as an employee if you are not happy you ask for more, if you can't get it, you quit and offer your labour to their competition or better yet once you have learned the skills you go out and start a rival business, produce better quality product, pay your employees more and poach their workers putting them out of business. Competition in a free market will sort out any injustices.

    Of coarse the employee produces more surplus then he gets, if they didn't there would be no point in creating the job in the first place, the employee never took the risk, never had the idea to start the business, never created the jobs, never invested the capital.

    So whats the alternative… "when the workers who produce the surplus they themselves get the surplus".
    That's called starting your own business, self employment… and when you need to produce more than you are capable of you need to hire workers… Tension, you created the jobs, you took the risk, you put up the capital, you own the building/land, you think you should get more…Fair enough?
    Lets say you offer the workers to share in all of that so you all own it, a cooperative, therefore you all get paid the same amount… Tension, you work harder than others, you don't get sick as much, you don't have kids therefore have no other engagements to take care of but you all get paid the same.
    A lot of workers are just not capable of making all these decisions as owners, nor do they want to, nor want the pressure of, hence why everyone is not a capitalist.

    I agree with the introduction of machines we should be doing less work but it's not capitalism to blame its just progress fullstop, for starters people may lose their jobs but the market offers other jobs where the labour is more needed (designing/repairing/creating machines?).
    What happens to the extra profit the employee makes? They spend it… (creating jobs) or It goes into the bank, bank gives out loans to people who spend it (creating jobs) or start businesses (creating jobs). If machines and robots take all the jobs, well guess what capitalists will have to share their profits out to the public in some sort of income, why would they? Because it is in their interest for people to have money so they in turn spend it on their goods produced. There is no point in having machines producing goods if no one has money to buy them.

    September 14, 2017
    Reply
  14. Adriano Mattia said:

    Idiotic video

    September 24, 2017
    Reply
  15. Adriano Mattia said:

    This idiot(known ad Richard Wolff) wants to force other people to change their businesses. If you want to create a co-oop(wich is capitalist by the way) just do it. Don't complain, you idiot.

    September 24, 2017
    Reply
  16. Vin White said:

    He sounds exactly like Ed Wynn from Mary Poppins lmao!

    October 18, 2017
    Reply
  17. Giacomo Tortellini said:

    I really like 'How Whales Change Climate' but this one just asinine . At 1:50 it goes off the rails when narrator basically says that an employee should be angry with employer because having a job so you can earn what you need to live is bad. Its only bad if you don't like living and if that's the case then Communism is perfect for you since will kill you quicker than anything. Dumbass.

    October 27, 2017
    Reply
  18. boss man said:

    Good video comrade

    November 8, 2017
    Reply
  19. Scenery Slater said:

    Note Sears in Canada just closed because investors strip mined the company of assets that made it viable. An opportunity to save the company was rejected by major shareholder. They get more money out of a dead company than a live one. But not only are workers left without severance, pensions, a mere job……whole malls and towns take a hit when they lose their anchor store. The investor takes a "risk" and therefore is entitled to a dividend? I call B. They took a risk. Those that worked in good faith – they didn't sign up for such risk.They deserve their pensions and severance before dividends are paid. Sears now. Will the Bay be next? Probably…they have valuable real-estate to sell off for quick profit. Not in the long term interest of the company, but sure to pay a dividend.

    November 9, 2017
    Reply
  20. Joel Craig said:

    Or the worker can risk their own capital, start their own business and become the employer. Because there are no barriers stopping the worker from becoming the employer in capitalism.

    December 4, 2017
    Reply
  21. Epicdays said:

    Yes because Communism is just soooooo much better than Capitalism. You people are idiots. In fact, the US and other capitalist countries have better worker environments than communist countries.

    December 20, 2017
    Reply
  22. Trexatron said:

    You know a company needs money for other reasons than to shove in their pockets?

    December 24, 2017
    Reply
  23. Christine Mansfield said:

    Marketing of housing is raising housing cost and turning people to the streets. The most vulnerable population (those in a position of financial, health, basic needs crisis) are feeling the most distress across our nation. We must reinforce the rights of the people and the systems that are meant to represent us–the people. https://youtu.be/Vjcs12Jrt_Y

    December 28, 2017
    Reply
  24. Joseph McCarthy said:

    This was autistic.

    December 28, 2017
    Reply
  25. 42billybob said:

    Yea… this is a fundamentally broken understanding of capitalism. The employer/employee dynamic is not essential to a capitalist system. It's simply the most common business model (because it generally allows for consistent reliable income). Theoretically, there's nothing stopping a company from running exactly like this within a capitalist system. Most people don't because if your business runs in the red, then despite working hard all year none of the workers would get anything and in fact would find themselves paying into it instead. The elite investors making all the descisions are the ones shelling out their own money when the business out-spends its earnings (like during startup).

    The core element of capitalism is property rights and the (hopefully informed) consesual exchange of goods & services. The consummer consents to the purchase of the goods & services. The worker consents the the terms by which he provides his services. If either party is unreasonable in their demands, the other party is free to walk away & find someone else with more reasonable terms.

    That tension about trying to get the worker to work as much for as little as possible exists not just at the employer/employee level. It's also at the consummer/product level. It exists at every level of exchange. Ultimately its the same thing everywhere. Everyone wants as much as they can get in exchange for as little as they can get away with. Everyone is compromising against what others are willing to give in exchange. If they overlap, you get a consensual transaction. If they don't, then no trade occurs & both parties go their separate ways and seek alternatives.

    The fundamental problem with your marxist framework is that it artificially divides workers and capitalists into different categories. They aren't different. They're both a different kind of worker. We're all investing something. The worker invests his time and effort. The capitalist invests his capital. We all want a return on this investment, otherwise we aren't going to spend our time/money on the business venture. The problem is that because all exchanges are consensual, nothing promises you're going to keep making a return if all of a sudden consummers stop being interested in your product for whatever reason.

    It's a risk/reward tradeoff. You can take low risk/low reward and make an arbitrary fraction of your labour's value, but make it consistently and reliably with no strings attatched & dump the volatile market risk on an employer. Or you can cut out the middle men, sell your services yourself, reap everything or crash & burn with no safety net (most people wait until they have some savings to act as a safety net before trying this).

    December 29, 2017
    Reply
  26. VRMusic said:

    Let me ask you; what prevents you from doing this? Why don't you found a business (indeed with your own money), hire people, split the work and profits? The CAPITALISTIC free market allows you to do anything you want so go ahead, nothing is stopping you. On the other hand, you would most likely soon come across these few problems ie. We as people are all different, some of us work hard and some do not. Are you still going to pay equal amount of salary to the slacker compared to someone that contributes much more to the company? Secondly, you say we should all produce everything we need by ourselves so theres no separation between workers of the society? Ok let me ask; can you manufacture the microphone, computer and all of it's components that you used to make this video? I bet you cant. The people who have studied these expertities can, and the big bad manufacturing companies have provided the tools necessary. So WHAT can you do? Maybe you can start farming your food and so on but that will be all that you have in this utopistic world of yours.

    I'm willing to discuss these topics with anyone that actually would have a sound alternative for our MIXED economy (not just capitalistic). It is pointless to suggest removal of an economic backbone without providing an actual, executable replacement.

    January 5, 2018
    Reply
  27. J the Magic Robot said:

    so much wrong with this video

    January 26, 2018
    Reply
  28. Chaitanya Kanoria said:

    Thank you 🙏☺

    February 27, 2018
    Reply
  29. Bruce Wayne said:

    If there were no board of investors, the amount of investors would drop, thus killing small business in a single stroke. Good job. Also, if workers would in charge, they would simply become the new capitalists, and employ people under them. And yes, they would still pollute the environment.

    March 27, 2018
    Reply
  30. Ajg0r said:

    Nobody stops you from making such company. Seriously, get your buddies and do it, show everyone how your 'solution' works. Oh you won't do it… You just want existing companies to do it. Well that's just arrogant and quite retarded

    April 8, 2018
    Reply
  31. Cullen Kerr said:

    The computer/smart phone you are watching this video on exists because of Capitalism.

    April 10, 2018
    Reply
  32. Michael Windsor said:

    Workers are greedy too…

    April 16, 2018
    Reply
  33. Cherry122 said:

    so basically marxism! Good video, comrade.

    April 29, 2018
    Reply
  34. Neptune said:

    Slavery does not cope with Capitalism.
    Of course owning slaves won't hurt the owner to produce things but Slavery is not a part of Capitalism

    And if Capitalism is so bad, how come America was Capitalist for over 110 years and has managed to become so successful with people around the world coming there every day? My Father came to America and he lived The American Dream. Capitalism survived and will continue to.

    Change my mind.

    April 30, 2018
    Reply
  35. Corporal Yank said:

    Slavery is not capitalism because the slaves are forced to labor. When some states outlawed slavery the economy boomed which would then lead to the civil war that frees the rest of the slaves.

    May 1, 2018
    Reply
  36. Moses Rodrigues said:

    +Sustainable Human Fantastic video but I do not see Richard Wolff's name anywhere… I know you linked democracyatwork.info at the end of the video but it'd be great for people to know the name of the speaker. It'd be quick and simple to add it somewhere in the video description section. Regardless, thanks for sharing this brilliant creation, as well as the other video with Peter Joseph. Cheers!

    May 15, 2018
    Reply
  37. Miss Kittens said:

    first step to end capitalism, quit buying shit you dont need!

    June 4, 2018
    Reply
  38. Dio said:

    We need to bring back communism!

    June 7, 2018
    Reply
  39. Calvary Crusader said:

    So sad the NATIONAL SOCIALIST PARTY.

    June 26, 2018
    Reply
  40. Shaheen Shabudien said:

    Whats a better system?some people confuse capitalist of for corporatism, blame corrupt rotten governments,try this idea in South Africa monday will be babalaas thats hang over day no work monday.We have forgotten that half loaf is better than nothing.This world can never be perfect,lets try to work hard and help with charity forcing things on people makes them cold,if that doesnt work what next,let poor families move in your home?

    June 28, 2018
    Reply
  41. Pete Eddy said:

    If the workers were in charge the black market and crime would skyrocket just like it did in Russia! If the workers were in charge Russian sayings like "you cannot pay me less than I can work" will crush productivity! Idiots who have never seen communism first hand should keep there ignorance to themselves.

    July 11, 2018
    Reply
  42. paul Smith said:

    Slave labour was used to build the modern infrastructure in the Soviet Union. The black slaves in America had a value, whereas the slaves in the Soviet union did not and found themselves completely expendable. The millions who died of exposure and malnutrition were just tossed aside and replaced by another political prisoner / slave. Even when the narrators crudely used slavery to discredit capitalism, socialism murderous history bites him in the ass.

    July 16, 2018
    Reply
  43. Darrell Valentine said:

    And what's the answer to all of our problems? Socialism? Lmfao!

    July 22, 2018
    Reply
  44. Adam Zytek said:

    that movie gave me cancer. over and out.

    August 22, 2018
    Reply
  45. Fernando Rocha said:

    2:42 Chateau de Bourscheid, Luxembourg 😉

    September 5, 2018
    Reply
  46. Steve Carlson said:

    With socialism, people line up for bread. With capitalism, bread is lined up for people.

    September 19, 2018
    Reply
  47. CHOPPERGIRL's AIRWAR said:

    For as long as I can remember, I've been unemployed. Everything I produce I get to keep.
    However, I don't benefit from mass production and economies of scale; everything I make is hand produced which is slow and laborious and time consuming. I do though get to keep it all. Oddly, as incredibly laborious, inefficient, and slow going as it is to hand create everything from scratch or fix things, I've grown richer and richer than those around me with jobs, because I have no bills to pay.

    I'd love to have a job, and make the kind of money the rest of you do, I'd grow rich so fast because I do not squander it on rubbish like the rest of you… but jobs do not exist in this country for people like me. So I live between the cracks like a weed, dodging and adapting, while society like a weird game of whack a mole keeps trying to crush me out of existence along with all the other poor.

    September 24, 2018
    Reply
  48. E Brisas said:

    Bancos, bancos e bancos …

    September 25, 2018
    Reply
  49. peter gaffney said:

    You are so full of shit! I can not believe anybody listens to this BS. socialism communism has never worked anywhere, it always ends up in tens of millions of people killed. grow up and give up the utopian fantasy.

    September 29, 2018
    Reply
  50. HaveFun Always said:

    bs

    October 6, 2018
    Reply
  51. Dat NguyenThe said:

    What is the song at 3:40 please? It's rather motivational 🙂

    November 12, 2018
    Reply
  52. severi saaristo said:

    Well slavery is essential for capitalism. "Periodically but systematically, whenever the capitalist system is threatened by a major economic crisis, the capitalist class has to launch a process of 'primitive accumulation,' that is, a process of large-scale colonization and enslavement." -Silvia Federici

    November 23, 2018
    Reply
  53. Russell Reeves said:

    Terrible argument, doesn't debunk capitalism…reverts instead to the past and other forms of societal function. Don't tell me what you don't believe in, tell me what you do. This is nothing but a commercial for socialism….divide and destroy, turn everyone into victims and create the war of the classes. That's communism my friends. I'm calling BS

    November 24, 2018
    Reply
  54. Chris Martin said:

    This is absolutely the dumbest piece of trash I have ever seen. If it wasn’t for the capitalist, there would be no employee.

    December 7, 2018
    Reply
  55. Cato Sicarius Pictures said:

    Comrade Lenin has shown us the way and our business, what will we do about it.

    December 13, 2018
    Reply
  56. James Roscoe said:

    Capitalism=wage slave

    December 18, 2018
    Reply
  57. Krouton said:

    5:28 I think this is a dishonest representation of innovation in a capitalist economy. First off, if a business can double the production of it workers, it will not necessarily fire half its workers, rather double its production to increase profits (i.e. take advantage of economy of scale, decrease fixed costs per unit). Although this is limited by demand in the market (that is what advertising is for), the end result of gradual innovation is more leisure time and a greater standard of living, as we've seen in our capitalist societies in the past century. This is not unique to socialist economies. In fact, I would argue the drive for innovation given increased profits in a capitalist economy makes socialism irrelevant to the betterment of workers.

    "Here's an alternative: Let every worker do half as much work as he or she did before".

    You do not have to think about this much to understand why this makes no sense. If you were to extrapolate this way of thinking to 19th century economy, we would still have a 19th century standard of living, albeit with much more leisure time. The reason most people in a modern capitalist society own a car, a house, or a smartphone, is because capitalist societies tend to produce to a ridiculous extent.

    December 29, 2018
    Reply
  58. John Wilk said:

    Eugen von Bohm-Bawerk smashed the marxist theory of surplus value a long time ago, but that's none of my business…

    We could just reduce our IQ to 50 and say its "bourgeoisie logic", as the communists of the past did. I really don't mean to sound rude, but when I try to reason with marxists, and use polylogism to explain failed logic, I feel like I'm physically turning into a chimpanzee.

    January 11, 2019
    Reply
  59. Lonesome_Crow said:

    I used to be an ancap, but then I saw that cooperatives worked from a pragmatic standpoint. I’m now a mutualist. Thank you.😊

    January 19, 2019
    Reply
  60. Kelley Fisher said:

    This is fanciful. If this structure were so obviously workable why is there NOT at least a small % of businesses that run this way. Also, are you kidding me?…this relies on assumptions of virtue that simply does not exist.

    January 22, 2019
    Reply
  61. Shayke Speeer said:

    A dirt nap might be our only escape from economic slavery. Life tired. 🙁

    January 24, 2019
    Reply
  62. Spats said:

    Lol they literally got the definition of feudalism wrong… and made it purely rhetorical.

    Nothing in this video would actually work, and we would know this with a basic understanding of capitalism and economics.

    The only part that was actually agreeable was the response to industrialization. But I would need more of a counterpoint to see if it actually made sense. Though as far as my knowledge goes it seems like a good idea.

    February 16, 2019
    Reply
  63. Roundess 54 said:

    Unsubscribed, give channels password to someone who understands economics and sociology. Not even going to argue with people from here. These arguments are so vague and 19th century already solved ones. No branch of a socialistic-communistic collective monetary system would be able to change these statements, even if they did, they would’ve create bigger problems

    February 17, 2019
    Reply
  64. Ryan Gagnon said:

    Capitalism certainly isn't perfect, but it's the best system we've got. This sounds just like Communism. Awesome in theory, horrible in practice. Humans as a species need a leader. There will always be someone that takes charge, and people that follow. Just like in nature, all pack animals have a social structure and hierarchy. Wolves, lions, etc. In my opinion, the best thing we could do right now is try and be more self sufficient. Grow a lot of your own food, and produce your own energy with solar and wind. Each individual should take on more responsibility for themselves and for their families, rather than relying on the government and corporations. With more independence comes more freedom.

    February 18, 2019
    Reply
  65. 1981kellyg said:

    Socialism doesn't care about the poor. They just hate the rich.

    February 22, 2019
    Reply
  66. KLJF said:

    the thing to do is kill anyone who thinks it's okay to take more than you give .

    March 2, 2019
    Reply
  67. Cat April Watters said:

    I knew this in the 70's,, it starts in the abusive "family". I KNEW I was being ROBBED right in my own "home",, Called it out,, my body had a Healthy response to it, and what did everyone around me do?? PROTECTED THE ABUSER!! The "family",, "community" Was just a SCALED DOWN VERSION OF THIS. It was the PEOPLE WHO KNEW THEIR PLACE and trained the Children to Inherit the Bill and LIKE IT. Those not treated as badly as I was STILL got it too,, they thought they ha it so good, That's the Problem! I was Criminalized for being Healthy and rebellious! The people didn't have the Spine to resist! Fitness,, is Real wealth,, $$ IS DEBT. THe Work Environment should function like a Healthy Family system and Nature,, Balanced. Parents are supposed to RAISE Children, NOT the other way around! That goes against how Health and Nature function. People should be Raised to Be who they authentically are,, NOT to be a cog in the wheel to make some Large Corp even Larger and MORE Sociopath. Why don't people live according to Health? I've been studying that All my life since being traumatized at age 7 at "home". NOTHING came before health. Too many people go for the Debt $.

    March 3, 2019
    Reply
  68. Shawn Li said:

    if corporations experience gain in profits, then employees should gain an increase in wage and if corporations experience a net loss, then employees should get a net loss in wage or have to pay up, then it is truly fair. the maker of this has zero clue how businesses work. Bet they have never heard of retained earning or dividends. if all profits are shared among employees, businesses don't expand.

    March 7, 2019
    Reply
  69. Nicholas S said:

    Okay, I have a few issues with this video.
    Up until the 1:45 mark, I agree with him. But after that, he says, "…and in that relationship lies a fundamental conflict. Tension. Anger. Resentment. Why?"

    Only to a bad boss would someone think that. But otherwise, that doesn't sound realistic, first off, most people get a job they want, or if they're just not happy, ask the employer to change that certain thing, or leave. I worked in retail for a while now, and all my co-workers (at least a majority of them) love my bosses. Let's continue.

    "Because some people are doing all the work and producing more than they get. A more that we nowadays call the surplus, the extra. And if you're a capitalist, an employer, what of coarse is your interest? To give the worker the least possible, while giving the most out of them because that's the biggest surplus they can get and the more surplus they'll have, the more secure they'll be."

    This is more or less true, but it's common fact that if an employee loves his/her job, they'll do better. And if you want to show that you are a great company to work for, it's basic business, and you need people to work for you instead of your opponents. So I could argue that it would make economic sense to give them the most money/conditions possible, to have a good reputation among consumers.

    "In capitalism it turns out we've got the same exact kind of system as we had in slavery and feudalism. Why? Because the worker has to produce more of a surplus than he gets. Just as the Master got the surplus. The slave produced or the Feudal Lords got the surplus that the Serf produced."

    Except that it's not for a number of reasons.
    1. The employees don't get whipped or chained like the slaves, nor are they forced to work at their job. Maybe only a small minority of people are "forced" to work under the most extreme conditions, but even then I highly doubt that.
    2. The employees have the right to minim pay, safe work spaces, and many others, links here.
    https://www.usa.gov/labor-laws

    https://www.osha.gov/Publications/osha3021.pdf

    3. The only thing similar is the surplus, but pretty much, nothing else.

    "It's nobody's fault it's the way the system is set up. What's the alternative? When the people who produce the surplus. The workers are themselves the people who get the surplus. If all the workers together make a cooperative, then they aren't split between the employers, and the employees. But both positions are occupied by every person in the office. There is no split. How would that work?"

    These already exist. I don't know if anyone knew that or not, just saying. https://www.thenews.coop/122959/sector/usas-top-100-co-operatives-year-named-national-cooperative-bank/

    "Take any factory. Take any office. Take any store. Change it as follows. No more board of Directors. Don't need it. Here's how we're going to do. You come to work, you sit around making the decisions. All the decisions that used to be made by the capitalists. Workers become their own board of directors or to say the same thing another way the Worker Capitalist Division resolves."

    Few things, YES! You need a board of directors, or some body, or group of persons overseeing everything. That's like saying you don't need a captain, the crew will be their own captain. The Group in charge needs to set standards, decide how much to make of it and when, and hundreds of other things to keep the company afloat. You need a captain.
    And then the question is asked, If workers were in charge… how might things change? How might they decide to distribute the wealth that they all helped create?

    "If you made all the workers democratically get together and decide how to distribute the wealth they've all together created they would never give a handful of people more money than they know what to do with while everybody else is worrying about their kids to collage because they can't afford it."

    In order for the "democracy" to work, the workers must buy the company, or start a new one in the first place. Second, people (at least smart ones) always know what to do with more money. Invest it wisely into the company, or other companies. Easy. You know, on advertising, R&D, wages, and so many other things.
    And what if everybody else isn't in a financial crisis about collage? What if a majority of the people are living normal happy lives? Which we can see is becoming a more common thing in the US, with GDP per capita rising, and poverty down.
    https://tradingeconomics.com/united-states/gdp-per-capita
    https://www.statista.com/statistics/200463/us-poverty-rate-since-1990/
    As for the collage bit being so expansive, you can thank Uncle Sam for that.

    And the question is asked, If workers were in charge, would they choose to pollute their own environment?

    "When you're discussing the new technology that might pollute or the water. The decision is made by the major shareholders and of the board of directors, a tiny group of people why typically live in gated communities in a lovely leafy residents living far away from the factory or the office or the store that pollutes, so they can make the investment in the new technology and reap the profits if the workers who live and work and depend on the enterprise made the decision. They wouldn't do it that often because they're the ones who breath the air, drink the water and they'd be much more sensitive to the real coarse."

    Yeah, renewable energy companies exist. You know, clean energy, and they're also recycling companies too, that also have a board of directors, and major share holders. And this is the amazing thing about capitalism. You can shop at those clean energy companies, the other companies will see they're losing money, and become more clean too. You vote with your dollar who provides what. And the clean energy industry is huge, almost at $1 trillion!
    https://www.forbes.com/sites/mikescott/2018/10/05/clean-energy-market-continues-strong-growth-as-costs-continue-to-fall/#88a0f3fc7f88
    https://www.forbes.com/sites/energyinnovation/2018/07/11/top-renewable-energy-financiers-reveal-pathway-to-1-trillion-in-u-s-investment/#41c906d934b0

    Even ordinary companies care about the environment, because they know if they use up all their resources, they won't have any left, or people won't shop there, and they'll go out of business somehow. I personally invest in Tesla, and will by investing in Brookfield Renewable Energy soon.

    If workers were to change what would they do when technology threatens to replace their job?
    "Every technological invention justified on on the grounds by this new machine, we could get more done with less effort but when those innovations are put in a capitalist economic system, the people who put the technology in want to make a profit out of it."

    I mean, yeah. That's why you innovate. And the more people buy it, the more it's improved, so you, the workers, the owners, everyone benefits.

    "For example, if a machine allows the workers to do twice as much as before, they fire half the work force. The remaining half works with the new machine produces as much as before. The company realizes a fantastic profit because it doesn't have to pay half the workers wages which they can keep for themselves."

    That's not how it works, and anyone who has done this doesn't know the basic fundamentals of capitalism. First, they don't fire half the work force that's stupid. Instead, they keep all the work force, and produce twice as much as before. So the company grows. This is how a company grows. And with the new profits they'll get not by firing, but by the more products they'll sell, hire even more people, which means more stuff gets made which means more profit which means more jobs created and so on.

    "Here's an alternative: Let every worker do half as much work as he or she did before. Let's run the working day four hours instead of eight. The workers will have engaged an enormous amount of leisure to pay to their own development, to their families, to their communities if we use technology that way. We would use it to help the mass of people a better life rather than a small percentage of the people enjoy a greater profit. The problem was not with technology. The problem was the system that decided how to use that technology."

    The leisure part will come automatically with the new tech. Same thing with the development of themselves, family community etc. Believe it or not, we live, even the most impoverished people you'll ever find, live better than cavemen. Why? TECHNOLOGY! If you're homeless, you don't have to worry about being killed by a warring tribe, you can get food at a soup kitchen. Or seak help from a charity, or church. And poverty is declining, and gdp per capita rising as I already stated. 0% of that would be possible without our current "system."

    And he asks, If the workers were in charge…
    "You're going to have to get rid of this capitalistic system where it lives. In the stores, factories, and the offices."
    What decision would you make?

    I would say this capitalists system is wonderful except the taxes are too high, and too much govt. regulation. Tone those down a bunch, and I'm good THX!

    April 2, 2019
    Reply
  70. Tryggvason said:

    Marxist swine.

    April 2, 2019
    Reply
  71. Lucre Bem - Empreendedorismo said:

    Definitely someone that never heard about the action axiom. Someone that mistook Corporatism for Capitalism is a total idiot.

    May 4, 2019
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  72. i.love.nirvana said:

    that's anarchy 🙂

    May 20, 2019
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  73. James McNulty said:

    How stupid and naive.

    June 8, 2019
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  74. BirdArvid said:

    If anyone is interested in these "utopian" "alternative" ideas, take a look at Catalonia in the 30's, before the world put Franco's fascists in charge of Spain, because the world's governments were more scared of "free" workers than fascism. It's enlightening and beautiful. And sad.

    June 28, 2019
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  75. James Pollock said:

    The employee works in concert with management and ownership who contribute to the creation, planning, marketing, and sale of the products. Trust me– the assemblers aren't capable of surviving on their own.

    July 1, 2019
    Reply
  76. darleyt1 said:

    I want this to happen but you would still have to factor in human greed, for example how would the pay structure work. What if I worked twice as long and invented the machine that saved hours of work, would i get paid extra or would my whole team benefit. What if i wanted to move to a more profitable company, how would companies/ startups stay in the game?

    Capitalism works so well because of greed and entitlement, ask a director why he should get 10 times more than the factory worker and he'll explain that he does so and so which provides the factory worker a job. I've never had a good answer for this other than: without the factory worker the director wouldn't have a job.

    July 19, 2019
    Reply
  77. Fahjah Fajitas said:

    Lmao as compared to what world system is this worse? Slavery and feudalism? Get real. Name one coop country. Dumb ass dreamer. Live in reality. Communism failed because power structures exist everywhere.

    July 22, 2019
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  78. LivingDeadWolf said:

    Do you guys understand that this is at the core of what Karl Marx said?

    July 24, 2019
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  79. David Pérez said:

    lmao this commie shit

    July 30, 2019
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  80. Nova Verse said:

    How would you call that new system?, participation law?, freelancers?.

    July 30, 2019
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  81. perspectives said:

    one sided, unbalanced, making you fight for years to get your equal share and wait for an opportunity to balance the system, thats what most movies are about fighting for that balance

    August 3, 2019
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  82. perspectives said:

    no split…. no disorder… there is only split in borderline personality disorder, which is the foundation of this system, disorder

    August 3, 2019
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  83. perspectives said:

    how could this be disliked. wtf

    August 3, 2019
    Reply
  84. Augustus C said:

    Us in the first world are not exploited, we do not create value (very little of the global value), we steal it from the third world. We are the exploiters. We are the bourgeoisie and they are the global proletariat

    August 4, 2019
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  85. Vicent Jaywind said:

    Wait, isn't capital-ism rather the ideology of capital, meaning private property, and the ability to do whatever you want with it, including derive profit from that property? Isn't what you describe as capitalism called salariat?

    September 1, 2019
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  86. Douglas said:

    skilled labour isn't compensated, everyone should have a decent living but someone with a specific valuable skill set needs to be paid fairly because they have worked extra hard to get there. no one would bother trying to invent nuclear fission because you will still have the hiring the same amount of people even if your machine doesn't need anyone. the system is about being fair but someone who sweeps the floor shouldn't be paid the same as someone who is managing the whole company making sure everyone knows what they are doing, taking care of psychological needs of the workers and so on

    September 14, 2019
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  87. Stray Towel said:

    The “boss” who’s getting the most money also put in the most money into their business which I believe justifies them getting payed the most

    September 21, 2019
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  88. adam said:

    You don't have to work for these companies,start your own company.

    September 25, 2019
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  89. Andrew Colvin said:

    An alien civilization that discovered and implemented this system would be able to pass through the Great Filter. Humanity on Earth is NOT one of these civilizations. Oops.

    September 29, 2019
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  90. Nomad said:

    What a load of nonsense. The "surplus" is what makes your paycheck so that you can buy goods. This video is saying slavery is better than capitalism. An even split does not work because it's not equal work between all workers.

    Don't like it? There's no law against starting your own business. You're probably thinking "well that's too hard" no duh. That's why some people want to be bosses and others just want to sit on their butt all day and do the least amount of work necessary to avoid being fired.

    October 10, 2019
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  91. Jman the man said:

    Capitalism needs to be kept on a tight leash by laws and taxes .. Otherwise it's a rabid dog that shits where it eats and destroys it's own food source .and implodes …

    October 24, 2019
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  92. bridge4 said:

    Solid analysis

    October 26, 2019
    Reply
  93. Critical Thinker said:

    Capitalism is based on private ownership. Employment (wage slavery) is a tool used to facilitate that. Dont listen to Marxist socialists (establishment-funded disinformation) who try and make the issue about "workplace democracy" and not private ownership of the earth's land, resources and technology.

    November 3, 2019
    Reply
  94. Trent Wilkey said:

    Changing who gains the profit from a business is not getting rid of capitalism its making it better. The issue is in order to share the profit you must also share in the risk or someone must take all the risk and then give up the sole right to the profit. We don't need a better system we need better people.

    November 8, 2019
    Reply
  95. Scott Covert said:

    lol if people think Marxism will lead them out of labor and toil.

    Dr. Wolf and his ilk are very good at tapping into your emotions (much like a good salesman) to influence your purchase decision (in this case, the idea that capitalism is ultimately slavery). The music, the cinematography, even the delivery and choice of words. Carefully constructed to influence your thoughts without you realizing.

    Thus, they are able to manipulate you into believing that they have discovered the problems of modern society and only they, yes, only they can solve the issue.

    Do not believe that within the Marxist Utopia that you will be able to sit down next to Mr. Wolf and discuss the corn surplus; there is very little chance that a society this large and multi-culturally diverse could ever accomplish such levels of micromanagement and come to consensus, which socialism ultimately asks of its society.

    Human greed and exploitation is well documented and has been occurring long, long before any sort of laissez-fare economic theory existed.

    The Aztecs would raid neighboring villages, taking slaves and sacrificing them to their gods. Was this the ills of capitalism? How about the Vikings? Greed and power for both of these civilizations yes but motivated by one economic school of thought? I disagree with Dr. Wolf's premise that capitalism is at the heart of evil men.

    As many already know, the Age of Enlightenment brought about much scientific discovery, and with that "The Death of God" came about, as noted over 100 years later by Neitzche. God being dead, he argued, our moral system that came from God would also die eventually.

    The Bible, a book that predates capitalism, a time of Pharaohs and Kings (aka the gov't) quite correctly states: "For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with." – Timothy 6:10

    Karl Marx believed that religion was nothing more than a drug to keep you sane from the exploitation of the capitalists, so to speak. Since God was already dead in his culture, he failed to realize the significance of meaning behind the words, but that is a comment section essay for another day.

    Dr. Wolf should explain the disastrous policy of FDR during the Great Depression – The Agricultural Adjustment Act. FDR is often pointed to as an example of the benevolence of socialistic ideology.

    Too long to explain so I'll link an article https://www.nytimes.com/roomfordebate/2010/11/21/do-farm-subsidies-protect-national-security/fdrs-disastrous-experiment

    Why was this President capable of such policy & practice while millions starved, if not driven by capitalism?

    What then, motivated him?

    November 10, 2019
    Reply
  96. Phil King said:

    Ok but who lays out the initial money to float the business, I..E takes the risk?
    And if the business tanks who covers the debt?

    November 12, 2019
    Reply
  97. Robert said:

    How about we get rid of money altogether?

    November 18, 2019
    Reply
  98. Subscribe before you suicide lol said:

    Thats video you looking for, i work so hard to collect this content, pls watch this to refresh your mentality from capitalism bullshit https://www.youtube.com/watch?v=iA45CC7Rstw&t=19s

    November 24, 2019
    Reply
  99. rogb rogb said:

    I recommend Engels' "Socialism: Utopian and Scientific".
    Co-ops are workers' democracy, but if they are still operating under a capitalist SYSTEM…

    November 29, 2019
    Reply
  100. Pro Man said:

    Capitalism is the most immoral and primitive system.The resources should be distributed equally,if not,people will start fighting for them which creates hatred among humans.When I was younger I had many friends,but they dissapear gradually.Some of them are too sucessful for me and the others are less,so we do not have a meeting point.There are actually no friends,there is just a fight for resources,money,jobs,women..It is like a jungle where the strongest has it all.Socialism is moral and it is more intelligent,more necessary for people to live in harmony.

    November 30, 2019
    Reply

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